Register a Company in UK

The consistent economic and political prosperity of the United Kingdom makes it one of the most thriving business hubs in the world. The country boasts more than 2.60 million registered companies. The conditions for business in the United Kingdom are tremendously cooperative and uplifting. It is proven by the government’s initiative in aiding entrepreneurs register a company in UK simply and conveniently.

Register a Company in UK: Procedure

You can register a company in UK as any of the following company types:

• Private company - limited by shares

• Private company - limited by guarantee

• Private unlimited company

• Public limited company (PLC)

Entrepreneurs can manage the process of registration themselves; however, it is recommended that they seek professional aid. Moreover, if you decide to follow the electronic filing process (as opposed to the conventional manual process) you will have to hire a company formation agency, as specified by the Companies House.

Choosing a company name- After choosing the type, the next step is to name the company. The name must be unique and must not bear any resemblance to any other existing company name. It is advisable that you select a name that expresses the nature and type of your company, while sounding impressive to the audience. A name creates strong impressions, and can positively or negatively affect a company’s reputation. Also, take care not to use words and phrases that are not allowed by the law of the land.

Other Formalities– Here are some other procedures to register a company in UK:

• Pay £20 to the Companies House for standard service.

• Obtain the Memorandum of Association and the Articles of Association.

• Fill forms 10 (in case of conventional manual form filing) and 12.

• Submit a statement from the directors, details of the secretary and the address of the company.

Register a Company in UK: Procedure for Overseas Organization

Overseas businesses can also register a company in UK. These businesses have to submit documents if:

• They establish a physical presence in the UK

• Operate from specific locations in the country.

Partnerships and non-incorporated bodies cannot register as overseas organizations in the UK. To hire a professional agency that can guide you on the rules of company formation, visit www.companyformations247.co.uk. This company formation agency provides a host of related services, such as deciding company name, organization and structure. The agency is well-equipped to provide you attractive same-day company formation services.